JLT Acquires Hong Kong-based Lambert Brothers Holdings

Jardine Lloyd Thompson organization announced that its Asia commercial enterprise has acquired Hong Kong-primarily based Lambert Brothers Holdings restricted (LBH). The bulletin referred to that “LBH has been an unbiased coverage and worker advantages broking on the grounds that leaving the Heath Lambert organization in 2007 with over forty insurance experts and has enjoyed steady increase over recent years. in particular, LBH provides to JLT Asia’s and JLT Hong Kong’s Marine, worker benefits and corporate business skills.”

Anthony Langridge govt Chairman JLT Asia indicated that the acquisition “now not most effective provides depth, however sturdy synergy to our Hong Kong business.” He also welcomed Mike Haynes and the relaxation of our new colleagues from LBH to JLT.

Duncan Howorth, CEO, JLT Asia, said: “there may be a strong cultural and industrial alignment among the two groups with clear possibilities to make the most our uniqueness strengths. We intention to grow our Hong Kong operations whilst aligning our specialties to possibilities throughout the area as properly.”

Haynes become formerly coping with Director of LBH. he will join the Board of JLT’s Hong Kong commercial enterprise as Deputy Chairman. Nick Cousins, handling Director of JLT Hong Kong will run the blended business with instant impact and the LBH groups will combine with JLT’s existing Hong Kong enterprise operations.

Haynes commented: “JLT has an extended status background in Asia with a robust ‘consumer first’ reputation that turned into very attractive to the team at LBH. We see this as a large possibility for our clients to advantage from get right of entry to to JLT’s unrivalled uniqueness competencies and worldwide platform and for our personnel to have every opportunity to develop and fulfil their profession aspirations within JLT.”